Economic Recovery Resources - Weekly Update
The Houston-Galveston Area Council and the Gulf Coast Economic Development District stand ready to assist the 13-county region in pursuing strategies to restore local economies. We will be issuing this Economic Recovery Resources - Weekly Update to help our local partners stay on top of new funding opportunities. Subscribers to the monthly Regional Economic Development Digest will receive the weekly update automatically. We hope to make it easier for you to secure the resources you need to recover quickly.

Please email Jillian Donatto or call 631-897-3817 to discuss economic recovery needs you may have.
News and Updates
Loans up to $50,000 Available Through COVID-19 Small Business Relief & Recovery Loan Program Opening October 14
H-GALDC Logo
The Houston-Galveston Area Local Development Corporation (H-GALDC) is making loans of up to $50,000 available to small businesses affected by the coronavirus pandemic. Funds are available for projects in the following Texas counties: Austin, Brazoria, Chambers, Colorado, Fort Bend, Galveston, Harris, Liberty, Matagorda, Montgomery, Walker, Waller, and Wharton. Register for an informational webinar on Wednesday, October 14, hosted by the U.S. Small Business Administration Houston District Office and the H-GALDC. More eligibility information and application requirements are available on the H-GALDC website.
Texas Workforce Commission Receives Additional Funds to Help Workers Dislocated as a Result of the COVID-19 Pandemic
The Texas Workforce Commission (TWC) has received an additional $28 million to add to the $12 million already received from the Department of Labor’s Disaster National Dislocated Worker Grant program to provide temporary jobs related to COVID-19 recovery. The TWC is actively creating disaster relief positions to support the following occupational fields: medical; support services; delivery/logistics; cleaning services, and manufacturing. If you or someone you know has been dislocated as a result of COVID-19, please email TWC at ndwg@twc.state.tx.us
Rural, Small Town Downtown Summit Looks at Doing Business During COVID-19
H-GAC's Bringing Back Main Street initiative will host the second annual Rural and Small Town Downtown Revitalization Summit
from 9:30 a.m. to 12:30 p.m. on Tuesday, October 27. Planned topics include doing business during COVID-19, including ways to attract visitors and residents to downtowns, support and maintain downtown businesses, and plan for growth in downtowns. This event will be online. Registration is required. For more information, contact Cheryl Mergo at 713-993-4520. 
Participate in Current Round of Federal Reserve Survey on COVID-19 Impacts
In April, June, and August 2020 the Federal Reserve System conducted surveys to better understand the challenges that under-resourced and low-income communities are facing as a result of the COVID-19 pandemic. The findings are available in Perspectives from Main Street: The Impact of COVID-19 on Communities and the Entities Serving Them, which helps explain how this crisis is affecting organizations that support community needs. The Federal Reserve will regularly relaunch this survey to report on change over time. The survey should take about 10 minutes to complete and responses are due by Saturday, October 31, 2020
Federal Funding for Rural Communities
The U.S. Department of Agriculture’s COVID-19 Federal Rural Resource Guide organizes funding opportunities identified in the CARES Act and other federal resources that can help support rural America. 
 
Federal Funding for All Communities
For construction or non-construction projects that prepare for or respond to economic impacts of the coronavirus pandemic, create jobs, and/or generate private investment.

For governmental and nonprofit entities working to implement STEM apprenticeship models in their regions, especially projects that will expand work-based learning for adults, increase regional innovation capacity, and expand diversity

To highlight successful examples of innovation ecosystems, particularly resources that support underserved communities or remarkable responses to the pandemic environment. Cash prizes of $10,000 or $25,000 will be awarded.

Seed funding (up to $100,000) for research and development that has a commercial potential.

Community Connect Grants (December 23, 2020)
Funding up to $3 million to construct facilities used to deploy broadband services to residents, businesses, and essential community facilities (schools, libraries, fire stations etc.) or to cover the cost of providing broadband service to community facilities for two years.

The Flood Mitigation Assistance (FMA) grant program and the new Building Resilient Infrastructure and Communities (BRIC) pre-disaster mitigation program provide states, local communities, tribes, and territories funding for eligible mitigation activities.
Non-Federal Funding Opportunities
Grants available to educational institutions, nonprofit organizations, Chambers of Commerce, and programs conducted by municipal, county, state or federal government entities to be dedicated towards community development, education, and safety initiatives. Grant amount requested must be $5,000 or more.
Upcoming Economic Recovery Webinars
October 14 | COVID-19 Regional Small Business Relief & Recovery Loan Program | U.S. Small Business Administration Houston District Office and the Houston-Galveston Area Local Development Corporation
Learn more about this small business loan program for the 13-county Houston region. Small businesses impacted by COVID-19 can get up to $50,000 in loan funds for immediate financial assistance. 

October 14-15 | COVID-19 R2R: The Road to Recovery | Everbridge
This free event will bring together business, government, and healthcare leaders to discuss strategies to address the public health and economic impacts of the coronavirus pandemic.

October 15 | Special Briefing on State and Local Infrastructure Spending Cutbacks Amid the COVID-19 Recession | Penn Institute for Urban Research and The Volcker Alliance
In 2020, billions of state and local infrastructure and transportation projects have been cancelled, and states and municipalities provide 80% of U.S. public infrastructure investment. Join to hear an expert panel discuss how the slowdown may affect the economy, jobs, and the municipal market.

In the wake of the COVID-19 crisis, Main Street programs are considering how to launch or amplify diversity and inclusion efforts. This webinar will provide a first step for understanding the value of using demographic data to underpin diversity efforts and what steps Main Street programs can take to better understand their own communities.

October 16 | Long-Term Resiliency in the Face of Multiple Crises | International Economic Development Council
Understand how to strategically plan for resilience and keep your long-term recovery roadmap on track by exchanging ideas with peers involved in disaster recovery. 

October 20 | Manufacturing Bonds for Disaster Response | Council of Development Finance Agencies
Industrial Development Bonds, or Manufacturing Bonds, are the most frequently used bond tool for financing the manufacturing sector. Learn how IDBs act as a resilient economic driver by financing the manufacturing facilities that stabilize local economies during crises.

October 20 | Community Connect Program – FY2021 | U.S. Department of Agriculture (USDA) Rural Development
USDA staff will provide an overview of the funding opportunity announcement, eligibility and regulatory requirements, the application process, and guidance on how to submit a successful application. Participants can ask specific questions about the Community Connect program and the new application process.

As part of the National Digital Inclusion Alliance’s Net Inclusion conference, this one-hour webinar will feature both a presentation and question and answer portion.

Learn how communities are helping students get connected, assisting parents and caregivers gain the skills to help their children navigate online learning environments, and transitioning educators to online teaching.
Partner Resources
Visit the GCEDD website for information and links to local, regional, and partner organizations that have additional resources and information on economic recovery. A select list is presented below.

The Greater Houston Partnership has established the Greater Houston Business Recovery Center (GHBRC), which will provide guidance on policy and financing related to recovery programs.

RestoreYourEconomy is your resource for up-to-date information related to COVID-19 and its economic impacts.

The Texas Economic Development Council COVID-19 webpage catalogs webinars, small business program examples, research white papers, Texas Workforce Commission resources, and advice for retailers.

The National Association of Development Organizations COVID-19 resource center provides advocacy resources, upcoming virtual events and trainings, federal agency COVID-19 resources, national partner organizations response resources, Office of Management and Budget guidance, state-by-state workforce guidelines, and philanthropic resources for communities.

The International Economic Development Council Coronavirus Response webpage provides information on the IEDC's COVID-19 webinar series and frequently updated situational reports.

A wide range of free resources for Main Street leaders, including recovery planning tools, research, and best practices and examples from around the Main Street Network. 
Gulf Coast Economic Development District
713-627-3200

The Economic Recovery Resources - Weekly Update is published by the